The services sector in India experienced a further upturn in terms of business activity during July, according to HSBC India Services PMI data released on Monday.
The HSBC final India Manufacturing Purchasing Mangers' Index, compiled by S&P Global showed, that it fell from 58.8 in April to 57.5 in May, signalling slow in manufacturing activities. The HSBC India Manufacturing PMI® is compiled by S&P Global from responses to questionnaires
According to S&P Global's India Manufacturing Purchasing Managers' Index report, new orders in and manufacturing output increased at the quickest rates in nearly three years during the month of August.
Services activity in India rose at the quickest pace in three months in the month of November, thus supporting a sharp expansion in services output and further job creation.
New Delhi [India], September 5 (ANI): Services sector activity in India improved in August as the S&P Global India Services Purchasing Managers' Index (PMI) showed growth in comparison to the previous month. The index rose from a four-month low.
New Delhi [India], September 1 (ANI): A sustained improvement in demand boosted new orders for Indian manufacturers during August, which pushed manufacturing output growth to a nine-month high, a monthly survey showed.
New Delhi [India], Sep 3 (ANI): The Indian service sector growth resumed in August as Covid-19 pandemic continued to recede and vaccine access improved, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Friday.
New Delhi [India], August 4 (ANI): The Indian service sector remained in the red during July largely due to Covid-19 pandemic and local restrictions, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Wednesday.
New Delhi [India], June 3 (ANI): Indian service providers struggled in May with the intensification of Covid-19 crisis causing renewed declines in new business and output, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Thursday.